FAQs concerning Brynford Lease Extensions

  • I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has seventy six years unexpired
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I own a maisonnette together with the freehold of both flats. My upstairs neighbours have asked to extend the lease what do I need to do?
  • The intention is to sell our garden flat in Brynford but we may need to extend the lease, or at least cover the expense of our purchaser. Are you able to recommend a conveyancing practitioners to assist?
  • I am looking into the costs of carrying out a lease extension for my studio flat in Brynford, and would like some figures on that.
  • I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a maisonette in Brynford, where the lease is around sixety five years but she was informed by the estate agents that the homeowner had extended it to 125 years. Only now has she been advised the seller was holding off for her to retain lawyers prior to commencing with the lease extension. Seems devious, also it may take a while to sort it all out. Am I reading too much into it?
  • My husband and I have a residential flat in Brynford with sixety eight years remaining. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also uplift the ground rent from notional to £300 per annum..plus a premium I think of about 16k. We have now decided to go ahead but do we now have to start the negotiations again?
  • Me and my OH are considering buying a three bed flat in Brynford which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • Just been over two years that I have been in my ground floor flat in Brynford. I have 59 years outstanding on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • We currently own a garden flat in Brynford and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 71 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
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    Lease Extensions in Brynford

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